Khan Nick 4

What Happened

• Nick Khan, a director of TKO Group Holdings, sold a total of 9,589 shares in open-market transactions on June 12, 2026, reporting aggregate proceeds of approximately $1,990,266. Individual blocks were sold at reported prices from about $198.97 up to $216.06 (reported as weighted averages for several groups). These sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 13, 2026, i.e., pre‑arranged sales rather than ad‑hoc trades.

Key Details

• Transaction date: June 12, 2026 (reported on Form 4 filed June 16, 2026 — timely under the two-business-day rule).
• Total shares sold: 9,589; total proceeds: ~$1,990,266.
• Reported prices: weighted-average prices across multiple executions, with per-group ranges reported between ~$198.97 and ~$216.06 (see footnotes F2–F13). Several entries note the seller will provide exact per-execution breakdowns on request.
• Footnote: F1 confirms these sales were made under a 10b5-1 trading plan adopted March 13, 2026.
• Shares owned after the transaction: not provided in the data supplied here (refer to the filed Form 4 for post-transaction beneficial ownership).

Context

• Sales under a 10b5-1 plan are typically prearranged and do not necessarily reflect current insider sentiment; they are generally considered routine disposals rather than a direct bullish or bearish signal.
• For retail investors, purchases by insiders are often more informative than scheduled sales; here the key takeaway is that the director relied on a pre-established plan to sell shares.